Shareholder meeting / Postal Ballot - Outcome of 31st AGM dated 30.09.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nihar Info Global held its 31st AGM on 30 September 2025 via video conference, chaired by Mr. BSN Suryanarayana. Fourteen resolutions were tabled covering routine items such as adoption of audited standalone and consolidated financial statements for FY25, including those of its subsidiaries Life 108 Healthcare and Beastbells Media. Key special business items included a proposal to raise the authorised share capital from ₹14 crore to ₹23 crore, a 1:1 rights issue of equity shares, reappointment of Mr. Divyesh Nihar Boda as Managing Director, and the change of statutory auditors from NSVR & Associates LLP to Bhargavi Priya and Associates. Two independent directors resigned (Mr. Sundarasekhar and Mr. Jagadeeswara Reddi Rao) and two new independent directors (Mr. Srinivas and Mr. Kolhe) were appointed. Detailed voting results on each resolution will be filed with the exchanges separately.
The 1:1 rights issue and authorised capital hike point to a planned equity fundraising that could dilute existing shareholders if they do not subscribe. Director churn and a statutory auditor change are governance events worth monitoring, though final voting outcomes are still pending.